China to invest $10B in Argentina's railways
(AP)

AP - Argentina and China signed a deal for Beijing to invest $10 billion in the South American nation's railways during a visit by the Argentine president but there was no sign of progress in a dispute over soy imports.

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2010-07-14T03:36:27Z
BEIJING (AP) -- Argentina and China signed a deal for Beijing to invest $10 billion in the South American nation's railways during a visit by the Argentine president but there was no sign of progress in a dispute over soy imports....

Argentina and China signed a deal for Beijing to invest $10 billion in the South American nation's railways during a visit by the Argentine president but there was no sign of progress in a dispute over soy imports.

It appears there is another nation on planet Earth that is becoming isolated. One by one, Russia and China appear to be finding allies willing to 'de-dollarize'; and the latest to join this trend is serial-defaulter Argentina.

Embattled Argentine President Cristina Fernandez, while on a state visit to China seeking badly needed investment, caused a furor by joking about her hosts’ accents on Twitter.
Fernandez tried to mimic a Chinese accent by switching “r’s” with “l’s” in a tweet in Spanish that translates as: “Did they only come for lice and petloleum.”
A few minutes later, she added: “Sorry, the levels of ridiculousness and absurdity are so high they can only be digested with humour.”
The tweets came as she met Wednesday with Chinese President Xi Jinping.

Yves here. Reader From Mexico often chides readers in comments who like try to depict Argentina and other Latin American states as failures, when the ones who have distanced themselves from American/neoliberal policies have made solid social and economic progress.
This piece highlights a tangible indicator of the wane of US influence in the Americas.

GUANGZHOU, China/SEOUL (Reuters) - Apple Chief Executive Tim Cook believes that "over the arc of time"China is a huge opportunity for his pathbreaking company. But time looks to be on the side of rival Samsung Electronics Co Ltd, which has been around far longer and penetrated much deeper into the world's most populous country.